tv President Obama at Young African Leaders Summit CSPAN August 3, 2014 9:00pm-10:07pm EDT
>> next, president obama meeting with young african leaders. then a conversation with former missouri congressman todd akin. at 11:00 p.m., another chance to see "q&a." the british parliament is in recess this month. "prime minister's questions" will not be seen tonight. president obama announced new efforts to expand the program and renamed it the mandela washington fellowship. it is made up of 500 of promisingn african young leaders. students attend a program focusing on entrepreneurship, civic leadership, and public management. the summit was held prior to president obama hosting african heads of state this week at the white house. his townhall with the young leaders ran just over one hour.
i am a broadcaster, businesswoman, and a world changer. this morning, let's talk a little bit about who you are. is a narrative who has depicted you as dark. the shadow of irruption as well as the shadow of instability has cast the shadow of your own ingrown greatness. when hunter has been given a face and that face is you? shacklesou but the refusing to come down? i say you are the ones who have been chosen to rewrite the narrative. you are the ones -- [applause] africa, you are the ones that will testify of the greatness and the life of our african continent.
all the world will know that africa is no longer a sleeping giant, but that it is awake and open for business. [applause] we would like to thank president washington center for young african leaders on a program that has reopened our inaccessibility we as -- when we see ourselves island countries but rather as families who are interlinked. ladies and gentlemen, once we learn and engage with one another, let us remain resolved in this fact -- we are the ones who are africa's solution. [applause] so young leaders of africa, join
we are just getting started here. well, hello, everybody. welcome to washington. i know most of you are visiting our country for the first time. on behalf of the american people , welcome to the united states of america. [applause] heree thrilled to have you and to everyone who is watching online across africa or at watch parties or following through social media, you are a part of this too. we are very glad that you are with us in -- with us. can everybody please give faith a big round of applause? [applause] i have to say, faith did not
seem very intimidated by the setting. she seemed not lacking in confidence. and she is doing great work in south africa to empower young people and young entrepreneurs, especially women. i am not here to give a big speech. the whole idea of a townhall is for me to be able to hear from you. but first, i want to speak briefly about why i believe so strongly in all of you being here today. next week, i will post a truly historic event, the u.s.-africa leaders summit, where nearly 50 presidents and prime ministers attend from just about all of your countries. it will be the largest gathering any american president has ever hosted with african heads of state and government. reflects amit principle that has guided my approach to africa ever since i became president.
the security and prosperity and justice that we see in the world cannot be achieved without a strong and prosperous and self-reliant africa. even as we deal with crises and challenges in other parts of the world that often dominate the headlines, even as we acknowledge the real hardships so many africans face every day, we have to make sure that receiving the extraordinary ,otential of today's africa which is the youngest and fastest growing economies. next week summer will focus on building a new partnership between america and africa, a partnership of equals that focuses on your capacity to expand opportunity and strengthen democracy, security, and peace. this cannot be achieved by government alone. it demands the active engagement of citizens. especially young people. ago, i why, for years
watched the young african leaders initiative to make sure we are tapping into the incredible talent and creativity of the african people. [applause] since then, we have partnered with thousands of young people across the continent, empowering them with the skills and training and technology they need to start as mrs., to spark ,hange -- to start businesses to spark change in their communities. last year, in africa, in a townhall like this, some of you were there, i announced the next step, the washington fellowship for young african leaders. was to give young africans the opportunity to come to the united states and avella their skills for the next generation of leaders in civil society, business, government, and the response was overwhelming. across the continent, young men ,nd women set out on a journey
they navigated the back roads and traveled by bus and train to reach larger towns and cities just to get the online application for the program. one young woman from rural a five-hour bus ride and then another six-hour bus ride and then another seven-hour bus ride just to get her interview. some 50,000 extraordinary young africans applied. today, they are at the heart of networkare calling our across africa that is sharing their ideas and forging their collaborations to realize change . i want everyone in the network to know that you are the foundation of our partnership with africa's youth. we are thrilled to welcome you, our washington fellows, to an exchange program unlike any other that america has ever had. is that youngks
woman from zimbabwe who endured all those bus ride. we want to welcome abigail. where is abigail? where is she? there is abigail. [applause] that is a lot of bus ride. -- rides. [laughter] i do have a first item of business. i said i was launching this fellowship not far from the original home of nelson mandela. ,n the spirit of this program reflecting optimism, his views about idealism, his belief in what he called the endless heroism of youth. today, with the blessing of the mandela family, to whom we are so grateful, we are proud to announce that the new name of this row graham is the mandela
washington fellowship -- [applause] the first class of mandela washington fellows. [applause] i know all of you have been busy at some of america's top colleges and universities. you have been learning how to build organizations and run a business, how to manage an institution. as one of you said, my brain has been bubbling with all sorts of ideas. i know you have also been developing your own ideas for meeting the challenges that we will address at next week's summit. i want you to know, i have read some of the recommendations that were produced and i thought they were outstanding pieces of work.
that is what i want you to hear today, your ideas, your vision for africa. at this summit, you will engage with some of our nation's leading voices, including someone i know you cannot wait to see, which is michelle obama -- [applause] congress whoers of are strong supporters of this program are also here. where are the members of congress? i know that we have a few. there you are. [applause] some outstanding members of congress are here. you will get a chance to meet some of them. i know some of you are headed off to internships at some of our nations leading companies and organizations. one of you said, i will take what i have learned here and put it into practice back home. that is the whole idea. say, by the way, i took some pictures with some of the university officials who hosted all of you and, uniformly, they said they could not have been more impressed
with all of you. what a great job. so thank you. [applause] you have also been experiencing america as well. the places that make us who we are, including my hometown of chicago. [applause] you have experienced some of our traditions, like block parties. you have experienced some of our food, a lot of texas barbecue. [applause] you really like that barbecue, huh? you have the whole longhorn thing going on and all of that. and americans have been learning from you as well. every interaction is a chance for americans to see the africa that is so often overlooked in the media. the africa that is growing and dynamic. a new generation, all of you on facebook and twitter, creating new ways to connect.
i see some of you tweeting this town hall. i see thesetly, guys shifting into the seat over and over again. do not think i did not notice. you need to stay in your chairs. [laughter] slick.dy thinks they are so the point is, our young african leaders, this is a long-term investment in you and africa that we can all build together. today, i want to announce the next steps. first, given the extraordinary demand for this fellows program, we are going to double it. in two years, we will welcome 1000 mandela washington fellows to the united states. [applause]
second, we will do more to support young entrepreneurs with grants to help you start a business or nonprofit and training thousands of vince higher -- of inspiring entrepreneurs in smaller towns. given the response for our mobile entrepreneurship summit, next year's summit will be held for the first time in sub-saharan africa. [applause] launching a whole new set of tools to empower young africans through our network. my courses and mentoring. toto meet up -- new ways meet up around the world. and it all begins today. and to get started, all you have te.govis go to yali.sta and that will give you
information about how you can access all of these resources going forward. finally, we are creating new regional leaderships across africa. we are joining with american universities, african institutions, and private sector partners like microsoft and mastercard -- we want to thank the two of them. they are really helping to finance this. and mastercard foundation. starting next year, young africans can come to these centers and access the latest technologies and get training and management and entrepreneurship. we are starting in south africa, ghana, and kenya. [applause] and we aim to help tens of thousands of young africans with the skills and resources they need to put their ideas into action. the point of all this is we believe in you. i believe in you. youlieve in every one of
who are doing just extraordinary , like in nigeria, she saw a close friend die during childbirth. she now trains birth attendants and delivers kits with supplies to save the lives of countless mothers and their families. we want to thank her. we want her to save even more lives. to give you another example, robert -- there is robert. [applause] but, -- robert is deaf, even though he cannot hear, he
can see the stigma and disabilities -- i guess people with disabilities. he has been their champion, standing up for their rights. so thank you, robert. we want to be your partner in standing up for the universal rights of all people. --elieve in taking anegal, she is stand against the human trafficking that connects to many women and girls to forced labor and sexual slavery. she runs an academy for kids to find a job and start new lives. we are so proud of you. thank you. we want to help you. girlshese young women and for a future of dignity that we want for everyone all across the continent and all around the world. -- i believe in
allowing -- in rural towns in darkness so he gathered scrap metal and builds generators on his porch, take them down to the stream for power and delivers electricity so farmers can irrigate their crops and children can study at night. thank you. our -- powerlp that. and everybody here has a story. and we believe in all of you. we see what is possible. vision that all of you have. not because of what you have seen here in america, but because of what you have already done back home, what you see in each other and what you see in lf.rself and -- in yourse
so, from senegal, where is -- "here iful quote -- have met africa i have always believed in. she is beautiful, young, full of talent, motivation." that is a beautiful script and. being here with you and working together has only strengthened his determination, he said, to realize his aspirations for his country and his continent. you andm and all of everyone across africa, i want to thank you for inspiring us with your talent and motivation, your ambition. we have great aspirations for
your countries and your continent. as you build that brighter future that you imagine, i want to make sure that the united states of america is going to be your friend and partner every sense of -- every step of the way. let's get a few questions and comments in this town hall. [applause] i know this is kind of a rowdy crowd. first of all, i want everybody to sit down. sit down. i am not going to be able to call on everybody. just a couple of rules. number one, do not start standing up and waving or shouting. just raise your hand and i will try to select him the audience. i will try to take as many questions as possible. i will keep the comments .elatively brief although, if you ask me what are
we going to do about ending poor, that will require a longer answer. when i call on you, wait until the microphone comes. an attendant will hold it in front of you. please tell us what country you are from and ask your question or make a remark. to make sure it is fair, we are going to go boy, girl, boy, girl. in fact, we are going to go girl-boy, girl-boy. one of the things we want to teach about africa is how strong the women are. see who we are going to call on first. this young lady right here. --t until the mike is there
the mic is there. somebody right behind you got the microphone. welcome. president.u, mr. i am from south africa. , previously,s nelson mandela has inspired the foundation with funds for enterprises. it has run for two decades and since been stopped. is there any chance to develop another fun for enterprises in africa? >> it is a great question. one of the things that has been interesting, not only some of the platforms that you develop at your universities, but also during my trips to africa, is the degree to which young africans are less interested in howand more interested in can they create opportunities
through business and entrepreneurship and trade. not to say that we do not need to deal with very serious challenges to deal with poverty. we need to make sure that we are continuing to work on these. but i think everybody recognizes that if you want sustained development and sustained opportunity and sustained self-determination, then the key produced andt is you be able to create jobs and opportunity organically and indigenously and then being able to meet the world on equal terms. so part of the challenge in entrepreneurship is financing. and for so many individuals
across the continent, it is just very difficult to get that initial start up money. the truth is, in many , it isties around africa not going to need so much. but you need something. so what we would like to do is work with programs that are already existing to find out where the gaps are in terms of financing and then to make sure that we are utilizing the resources that we have in the most intelligently possible -- the most intelligent way possible to target young entrepreneurs, to create small and medium-sized businesses all across the continent as well as large businesses. if we are supplementing that kind of financing with the training and networking that may be available through yali, we
could see the blossoming of all kinds of entrepreneurial activities all across the continent that eventually grow into larger businesses. this will be a primary focus of the summit that we have with the african leaders next week. how do we make sure that financing is available? by the way, how do we make sure that the financing does not go to those who are already at the top? how do we make sure it filters down? you should not have to be the son or daughter of somebody -- [applause] get -- if be able to you have a good idea, you should and be to test that idea judged on your own merits. that is where i think we can is, bypass what oftentimes sadly, too many countries, a
system in which you have to know somebody to be able to finance your ideas. say, keepi do want to in mind, even the united states, if you are starting a business, it is always hard getting financing. as a lot of you entrepreneurs and small business people, when they are starting borrowing from their brothers, their sisters, begging and scratching and taking credit cards and running up debt. inherently, there is risk involved. i do not want to give anyone the illusion who is starting a business or wants to launch a business that it is going to be easy. it will not be. in which ways in we -- we can make a difference. particularly in raw africa. you do not need a lot of capital to get started.
weaponbuy one piece of a -- of equipment that can increase deals for a whole bunch of farmers in the community and then the additional profits that they make allows you to buy two pieces of equipment and then four and then eight, you can grow fairly rapidly because the baseline of capital in that community may be relatively low. so you do not necessarily have huge barriers of entry. you just have to make sure that you have that initial capital. of course, even a small amount of capital can be hard to come by. this iswhy making sure a top priority of our efforts is something that we will emphasize. a gentleman's turn. i am going to call on this guy just because he is so tall.
i always like height. [laughter] there you go. ok. go ahead. >> thank you. i am from senegal. obama is the first president of the united states from africa. i would like to know, can you issues you will discuss with the president of the united nations of africa? i am sorry, i am the first african-american president of the united states. i wasn't sure -- heads of state. what are the issues i am going to be discussing? becomes -- andn
you get the chance to meet the first president. >> i see. this is kind of an intellectual exercise. it is an interesting question. if somehow africa unified into a united states of africa, what would be something i would say to him or her? know, i think the thing i would emphasize first and foremost is the issue of governance. sometimes this is an issue that raises some sensitivities. i think people feel like, who is the united states to tell us how to govern? we have different systems, we have different traditions. what may work for the united states may not work for us. ,y the way, the united states
we don't see that congress is always cooperating so well. your system is not perfect. i understand all that. let's acknowledge all that. what i will say is this, that regardless of the resources a country possesses, regardless of how talented the people are, if you do not have a basic system of respect for civil rights and human rights, if you do not give people a workble, legitimate way to through the political process, to express their aspirations, if you don't respect basic freedom of speech and freedom of assembly, if there are not laws
in place in which everybody is equal under the law, so that there is not one set of rules for the well-connected and another set of rules for ordinary people, if you do not have an economic system that is transparent and accountable, so that people trust that if they work hard, they will be rewarded for their work, and corruption is rooted out, if you don't have those basic mechanisms, it is very rare for a country to succeed. i will go further, that country will not succeed over the long term. it may succeed over the short-term because it may have natural resources that it can extract and generate money to distribute and create patronage networks. but over time, that country will decline.
if you look at examples around the world, you will have a country like singapore which has nothing. a small, tiny city state with not a lot of -- it has no real natural resources. , you have other countries that i won't mention that have incredible resources but because there is not a basic system of rule of law that people have confidence in, it never takes off. businesses never take root. is, theould emphasize government has a starting point. you then have to have an education system in place. you have to have infrastructure. there are all kinds of other elements that are necessary. but if you don't have the basic
citizenshat ordinary can succeed based on their individual efforts, that they don't have to pay a bribe in order to start a business or even get a telephone, that they won't be shaken down when they are driving down the street because the police officers aren't getting paid enough and this is the accepted way to supplement their income, if you don't have those things in place , then over time there is no trust in the society. people don't have confidence that things are working the way that they should. trying tostarts figure out, what is my angle? culture in which you can't really take off. look, you are never going to eliminate 100% of corruption. here in the united states,
occasionally we have to throw people in jail for taking money for contracts, or having done favors for politicians. all that is true, but the difference here in the united manys, and it is true in of the more developed industrialized countries, is that is more the aberration than the norm. here in the united states, if you want to start a business, you file a paper, you get incorporated. you might have to pay a fee of $50 or $100 or whatever it ends up being. that is it. you have got your business. not be makingight any money at that point. you still have to do a whole bunch of stuff to succeed. the point is that basically, rule of law is observed. that is the norm. that is what happens 95% of the time.
think where you have to start. that is where young people have to have high expectations for their leadership. don't be fooled by this notion we have a different way, and african way. well, no. not -- you way is have been in office and suddenly you have a swiss bank account of $2 billion. that is not the african way. [applause] part of rule of law is also that leaders eventually give up power over time. it doesn't have to be the same way all the time, but if you have entrenched leadership forever, then what happens over time is you don't get new ideas. sometimes thate
rule of law becomes less and less observed because people start being more concerned about keeping their positions than doing the right thing. ok, great question. even though it took me a while to understand it. [laughter] let's see, it is a young lady's turn. let me make sure i am not restricting myself. how about that young lady right there. yeah, you. hold on a second. the microphone is coming. >> good morning, mr. president. i am from botswana. i wanted to find out, how committed is the u.s. to assisting africa in closing gender inequality? it threatens the achievement of
goals such asnt access to universal education, eradicating hiv and aids. findsten, you will not than i amre committed to this issue. let me tell you why. first of all, i was mentioning earlier, if you look comparatively at other countries around the world, what societies succeed, which ones don't. measurese single best of whether a country succeeds or not is how it treats its women. [applause] and if you think about it, it makes sense. all, women aref half your population. team, we just a finished the world cup, if you
have a soccer team, what you call a football team, and you go out and the other side has a full team and you sound out half your team, how are you going to do? you will not do as well. empowering half of your population, that means you have half as few possible scientists, half as few possible engineers. you are crippling your own development unnecessarily. that is point number one. point number two is, if you educate and empower and respect educatingthen you are the children.
right? man, you educate him, its ok. a woman, you educate her and an entireou have got village, an entire region, an entire country becoming educated. absolute priority for us. this with discussing the heads of state and government that we see next week. we have seen some progress on whereronts, but this is sometimes traditions can get in the way. as many of you know, my father was from kenya. [applause] that is the kenyan contingent. i think what applies to kenya is
true, and applies to many other countries in africa. this is not unique in africa. we see this in other parts of the world. gender the old ways of relations might have made sense in a particular setting. enya for example, polygamy existed. it was based on the idea that women had their own compounds, their own land. areawere empowered in that to be self-sufficient. and then urbanization happened. maybely, the men traveling to the city. suddenly, there is another family in the city and the women who were left back in the villages may not be empowered in the same way.
so what worked then might not work today. in fact, does not work today. if you tried to duplicate traditions that were based on an entirely different economy and an entirely different society and entirely different expectations, that is going to break down. it is not going to work. , you have tot update and create new traditions. that is where young people come in, . you don't have to accept the normal way of doing things. you can respect traditions while recognizing they may have to be adapted to a new age. there are some traditions that just have to be gotten rid of. there is no excuse for it. female genital mutilation, i am sorry, i don't consider that a tradition worth hanging onto. [applause]
thatnk that is a tradition is barbaric and should be eliminated. .iolence towards women i don't care for that tradition. in it.t interested it needs to be eliminated. [applause] task is to find what traditions are worth hanging onto and what traditions you have got to get rid of. there was a tradition in medicine that if you were sick, they would bleed you. that is a bad tradition. we discovered, let's try other things like medicine. [laughter] so, we don't have to cling on to things that just don't work. subjugating women does not work.
society will fail. everything we do, every program that we have, any education program that we have, any health program that we have, any small business or economic development program that we have, we will write into it a gender equality component. this is not just going to be some side note. this will be part of everything that we do. the last point i am going to make, in order for this to be successful, all the men here have to be just as committed to empowering women as the women are. [applause] that is important. don't think this is just a job for women to worry about women's
issues. the men have to worry about it. youou are a strong man, should not feel threatened by strong women. [applause] all right. we have a gentleman here in this bright tie right here. go ahead. >> thank you, your excellency. i am coming from kenya. [applause] thank you for this opportunity. africa is losing her people to starvation and diseases which are otherwise curable. this is likely because our governments have very huge debts to the g-8 countries. as a global leader, it is part of your mission. when will the u.s. lead the other g-8 countries in forgiving africa this that so that our
government can be in a position to deliver and provide services like social health care and infrastructure development to our people? >> thank you. let me make a couple of points on this. first of all, i think it is important to recognize on issues of health, the significant progress that has been made. sohink sometimes we are properly focused on the challenges that we forget to remind ourselves how far we have come. it gives you confidence of how much further you can go. hiv the last 20 years, occurrence has been cut in half in africa. half. tuberculosis and malaria deaths have been reduced by 40% and 30%
respectively. 50% fewer women die giving birth. 50 million children's lives have been saved. most importantly, what we are doing is not just providing assistance, but we are also empowering governments themselves to set up public health infrastructure and networks, training nurses and clinicians and specialists so that it becomes self-sufficient. we are making progress. legitimatere is a discussion to be had around debt forgiveness. meetings with what now is the g7, i just want to let you know, but that is a whole other that we don't want to get
too far off field. i think there is genuine openness to, how can we help make sure that countries are not saddled with debt that may have been squandered by past leaders, countries are unable to get out from under the yoke of those debts. the only thing i will do is, i will challenge the notion that the primary reason that there has been a failure of services is because of onerous debt imposed by the west. something that may be somewhat controversial. i am older than all of you. that i know. ageefinition, if you are my
you are not supposed to be in this program. [laughter] you lied about your age. was a college student, dependency and terms , the legacy of colonialism, those were all topics of great fervent discussion. there is no doubt that dating back to the colonial era, you can trace many of the problems that have plagued the continent. whether it is how lines were drawn without regard to natural and ethnicand tribal relationships, whether you look at all the resources that were extracted and the wealth that was extracted without any real
return, to the nature of trade developed in the 1960's and 1970's so that value was not produced in the countries but was sent somewhere else -- there are all kinds of legitimate arguments you can look at in terms of history that impeded african development. point we have to stop looking somewhere else for solutions and start looking for solutions internally. is, andful as history you need to know that history, at some point you have to look to the future. we didn't get a good deal then, but let's make sure we are not making excuses for not going forward. the truth is that there is not a single country in africa -- by
the way, this is true for the united states as well -- that with the resources it has, could not be doing better. there are a lot of countries that are generating a lot of wealth. i am not going to name any, but you can guess. this is a well-educated crowd. there are a lot of countries that are generating a lot of income, have a lot of natural resources, but aren't putting that money back into villages to educate children. there are a lot of countries where leaders have a lot of but the money is not going back to provide health clinics for young mothers. so, yes, i think it is important for western countries and advanced countries to look at
past practices. if loans have been made to weren't put into productive enterprises by those leaders at that time, those leaders may be long gone but countries are still unable to dig themselves out. can we strategically in pinpoint fashion find ways to assist and provide some relief? that is a legitimate discussion. but, do not think that is the main impediment at this point to why we have not seen traitor progress in many countries. there is enough resources, even serviced, to do better than we are doing in many cases. ok, it is a young lady's turn. i haven't gotten anybody way
back in the back there. how about the young lady right there with the glasses? there you go. >> thank you, mr. president. my name is -- >> i like that name. from? >> madagascar are. thank you on behalf of the madagascar people. , we want to have your confirmation, what will happen after 2015? that -- is a great way to help youth in our country. what will happen in the end? >> i think everybody here is
probably aware, this is one of the primary tools we have to promote trade between the united states and many african countries. it is set to expire. there is a negotiation process taking place as we speak. more progress will be made next week. learnedthat we have some lessons about what works and what doesn't. through the first stage, in some cases, what we have discovered countries can't -- even if they have no tariff barriers they are experiencing, they still have problems in terms of getting their goods to market. part of what we are trying to do is find ways in which we can lower some of the other barriers
to export for african countries. not just the tariffs issue, but how can we make sure that there is greater transportation networks, how can we make sure that trade financing is in place , what are the other mechanisms that may inhibit exports from african countries? that is the first thing. on a separate track, part of what we are also trying to figure out is, how can we promote inter-african trade. -- and this does relate to a legacy of the past. you have strong infrastructure to send flowers from kenya to paris, but it is very hard to kenya to tanzania.
but theser, infrastructure is not the. -- not built. part of what we have to do is find ways to integrate africa. much of that is a question of infrastructure. some of it has to do with coordinating regulatory systems between countries. we are embarking on some experiments starting in east africa, to see if we can get uganda, kenya, tanzania -- you know all of them. [laughter] we are starting to work with these countries to see, can we get some blocks of effective trading taking place? obviously there is going to be a certain market for certain goods.
i mentioned flowers from kenya. the market, that is primarily going to be in some of the wealthier countries. but there are going to be some goods that it is going to be i am asier to sell, if easierbusinessman, it is to sell my goods to a tanzanian or ugandan than to compete with or, you know, apple, in the united states. historically, when you look at how trade develops -- if you look at asia for example, which has grown extraordinarily fast, huge volume of that trade is within the region first. over time, that becomes a launching pad from which to trade globally. i think wearea where
can provide some assistance and help. just to answer directly, we are very strongly committed to making sure that it is reauthorized. obviously we have a bunch of members of congress here who care about this deeply as well. ok. how much time do we have? i just want to make sure. one hour? [laughter] think we have time for two more questions. right. am sorry -- all it is a gentleman's turn. , the gentleman in the white right here. that guy right there. hold on a second. let's get a microphone. hi, i am from liberia.
it is a pleasure meeting you, mr. president. mike question has to do with the issue of antitrust law. will you discuss the issue of antitrust law that will protect africa? tell us youryou agenda to solve the problems back home? thank you. obviously, each country is different. i am not familiar with the antitrust laws in every country. would certainly commit to doing is to talk about antitrust in the broader context of what i said at the beginning. that is, the issue of rule of law. and how it interacts with the economy. monopolies or
collusion between a few companies that create artificial barriers to new entrants, then economic theory will tell you it means consumers will pay more for the worst products and to those companies can concentrate more and more wealth without actually improving what they theuce and over time, economy stagnates. here in the united states, we have a history of huge, big corporations controlling huge sectors of the economy and over time, we put in laws to break up the monopolies and to create laws to guard against artificial monopolies that prevented competition. so, antitrust is one element
of a broader set of laws and principles that every country should be adopting with the basic notion that if you are successful at a company like or a companytive like microsoft that came up with a new concept, you should be able to be successful. those who founded it like bill gates should be. what you also want to make sure of is the next generation, the google's or facebook can be successful in that space. that means you have to make sure that those who got there first are not closing the door behind them which all too often happens not just antries, african countries.
you make an excellent point. we'll make sure that is incorporated in the broader discussion. this young lady right here. because she looks so nice. >> thank you very much. i am from kenya. >> go ahead. >> thank you for meeting the young people. to ask theare going people in her countries and my concern would be how will you be able to get them to commit? i know they will promise you that. [applause] >> don't get carried away here.
[laughter] we part of what we have done by building this network that will be doubling over the next couple of years is we will go directly to the young people in crating these networks and opportunities. what we are already seeing is many countries are excited about this. they are saying, this is something that can be an empowering tool for us. let us take advantage of it. that feel be some somewhat threatened. there is no doubt about that. the good thing is we will be creating this network, there are a whole bunch of people following this online, on social media. we'll have these regional centers. you will help to make sure that some of these promises are observed because the whole
continent of young people is going to be paying attention. and we'll be up to see which countries are really embracing this opportunity to get new young people involved. which ones are ignoring this promise. will say to every one of these leaders you need to take advantage of the most important resource you have and that is the amazing youth in these countries. you are going to have to also hold them accountable .electively, across countries that is part of why this network can be so important. sad butow that this is i have to go. i have other work to do. the good news is you have these amazing people who will be meeting with you and talking with you and most importantly, one of the amazing opportunities
for you to get to know each other and talk and compare ideas and share concepts going forward . the main message i want to leave you with is that in the same way i am inspired by you, you should be inspired by each other. challenges,normous the world has enormous challenges. of what i tell the young people that in turn in the white house and i usually meet with them at the end of the internships, i the badm despite all of news you read about or see on television, despite all of the terrible things that happen in places around the world, if you had to choose a time in world born andf which to be you did not know who you were or what your status or position would be, you would choose
today. , thell of the difficulties world has made progress in africa is making progress. it is growing. and there are fewer conflicts. there is less war. and there is more opportunity. and there is greater democracy. observancere greater of human rights. sometimes can you be slow and frustrating and sometimes, you take two steps forward and one back. but the great thing about being young is you are not bound by the past. and you can shape the future. and work you work hard confident inremain your possibilities and are